Angola's Luaxe eyes trial mining mid-next year – Alrosa

Angola's new Luaxe diamond deposit is set to commence trial mining mid-next year that is expected to produce 1 million carats worth $90 million in 2020, according to Alrosa.

Yesterday

Christie’s Magnificent Jewels totals $67.5 million

Christie’s latest auction Magnificent Jewels, which was held on December 11, totaled $67,519,625.

Yesterday

Botswana Diamonds opts to focus on advanced kimberlite projects in Zimbabwe, South Africa

Botswana Diamonds, which convened its Annual General Meeting (AGM), in London on Thursday, has resolved that its diamond exploration work will focus on advanced kimberlite projects in Zimbabwe and the Free State kimberlite field in South Africa...

Yesterday

Petra’s SA mining operations back at normal load levels

Petra Diamonds' mining operations in South Africa are now operating at normal load levels after the country’s power utility, Eskom, lifted its load curtailment restrictions.

Yesterday

AGD DIAMONDS extracts its four millionth ton of ore

The Grib Mining and Processing Division, which is operated by AGD DIAMONDS, has processed its four millionth ton of ore in line with the company’s annual production plan.

12 december 2019

Trans Hex calls its quits on West Coast Resources as diamond prices slump a third

15 november 2019

(miningmx.com) - Trans Hex is to put its unprofitable West Coast Resources (WCR) into liquidation following a one third decline in diamond prices this year, said BusinessLive. Citing an announcement to the Johannesburg Stock Exchange on October 18, BusinessLive said Trans Hex had applied to the High Court in Cape Town to wind up WCR. It had previously failed to sell the business or to get a third party to run it. Shares in Trans Hex were 70% down in the past five years.